SME IPOS ALERT :

One SME company, a vegetable seller, is planning to raise ₹28 crore through an IPO, while the company’s valuation itself is around ₹40 crore.
Earlier, even an automobile dealer company with just two showrooms came to the SME IPO market at ₹117, but now the stock is trading near ₹53, and investors are in loss.

So investors should think carefully before investing in any IPO.
We should not rely only on grey market premium, but also analyze the business and valuation.

Kavach System Railway Update :

Business Standard reported that ₹50,000 crore worth of orders may come for the Kavach system.
Kavach Phase-1 is expected to roll out over the next 6–7 years.
Kavach is India’s next-generation indigenous automatic train protection system.

For the Kavach 4.0 system, companies like Tata Elxsi and Nova Control Tecnologix are working on development.

BSE Stock Fall 4% :

BSE stock fell nearly 4%, mainly due to the December 12 issue.
On December 17, SEBI will conduct a board meeting, and investors are worried that SEBI may discuss reducing F&O volumes, which could impact BSE earnings.

However, as of now, SEBI’s main agenda is to discuss mutual fund expense ratios.
If nothing related to F&O is mentioned in the meeting, the stock may recover again.

Reason for Urban Company Fall 6% :

Investors who entered during the IPO of this company initially saw profits, but after listing, the stock started falling.
Recently, it fell another 6% and touched record low levels because the lock-in period of 4 crore shares has ended.

Now, those shareholders are free to sell, which has increased selling pressure and triggered further downside in the stock.